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Football finance

  • Leicester City stars face up to 50 per cent wage cuts after relegation

    April 23, 2025

    Leicester City’s players are facing wage cuts of up to 50 per cent next season following their relegation from the Premier League.  Leicester have acted to protect themselves when offering contracts to new players in recent years having also been relegated two seasons ago, with recent arrivals agreeing to pay cuts of between 35 and [...]

  • Manchester City v Premier League legal hearing set for October

    April 22, 2025

    Manchester City’s latest legal challenge to Premier League rules on associated party transactions is expected to go to trial in October. The reigning champions launched proceedings in January against a new version of the rules, having succeeded with a claim against the legality of the old regulations last year.  Other Premier League clubs received details [...]

  • Chelsea spend £60m on agents’ fees in year, Premier League hits £400m

    April 14, 2025

    Chelsea has spent £60m on agents’ fees since February last year, the Football Association has revealed. The Blues are nearly £10m clear of Manchester City (£52m) and £27m clear of Manchester United in third. The 20 Premier League clubs, in total, spent a whopping £409m on agents between 2 February 2024 and 3 February 2025 [...]

  • Reading in takeover talks with mystery bidder after Platek walks away

    April 9, 2025

    Financially stricken Reading are in takeover talks with a new prospective buyer after American businessman Robert Platek walked away from a deal for the League One club. Platek, co-head of global credit at BDT and MSD Partners, entered into a period of exclusive negotiations with current owner Dai Yongge but that has now elapsed. The [...]

  • Premier League and EFL kick-start talks over billion-pound deal

    April 4, 2025

    The Premier League and EFL are back in ongoing discussions over a new multi-billion-pound financial redistribution deal after more than a year of deadlock. Executives from the top flight and the English Football League, which operates the three divisions directly below, have met twice in the last few weeks and have another summit scheduled for [...]

  • Levy slams Spurs critics: We cannot spend what we do not have

    March 31, 2025

    Tottenham Hotspur chairman Daniel Levy has hit out at the club’s transfer spending critics after the north London club made a loss after tax of £26.2m last year. The figure is a reduction on the £86.8m loss suffered in 2022-23 and the accounts for the year to 30 June 2024 showed a huge decrease in [...]

  • Chelsea’s squad is the most expensive ever, Uefa confirms

    March 6, 2025

    Chelsea’s squad at the end of the 2024 financial year was the most expensive ever assembled in football, according to a new Uefa report. Big-spending Chelsea’s squad was worth an astonishing €1.66bn (£1.39bn), eclipsing the previous highest recorded by Real Madrid in 2020 (£1.12bn). Uefa’s European Club Finance and Investment Landscape Report, published on Thursday, [...]

  • Will England get a fifth Champions League place?

    February 22, 2025

    As European football’s club competitions head into their knockout phases, the Premier League’s prospects of getting a fifth place in the Champions League are becoming clearer. Since 2019, Uefa has awarded an extra spot in the Champions League to the two nations whose clubs performed the best in its three competitions during the previous season. [...]

  • Coca-Cola and Fifa resolve legal spat to continue Club World Cup deal

    February 21, 2025

    Coca-Cola and football governing body Fifa appear to have resolved their legal spat after the soft drinks giant was confirmed as a sponsor for the Club World Cup. Alongside German sports apparel firm Adidas, Coca-Cola opened separate legal cases against Fifa surrounding the sponsorship rights of the Club World Cup. The pair were reportedly unhappy [...]

  • Minister Peacock apologises to Brady, Arsenal and Brighton chiefs

    February 21, 2025

    Sport Minister Stephanie Peacock has been forced to issue an apology to Baroness Brady and directors of Arsenal and Brighton and Hove Albion “for any distress caused” after hitting back at critics of the football regulator. In a statement published today by the Department for Culture, Media and Sport (DCMS) today, Peacock said she had [...]

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